Finance Code › Title 3 › Chapter 186 › Subchapter B

Texas Finance Code § 186.103

Banking Commissioner Investigation and Consent

Dissolution and Receivership · Voluntary Dissolution

The banking commissioner shall review the documentation submitted under Section 186.102 and conduct any necessary investigation or examination. If the proceedings appear to have been properly conducted and the bond to be given by the liquidating agent or committee is adequate for its purposes, the banking commissioner shall consent to dissolution and direct the state trust company to publish notice of its pending dissolution.

Official text of the Texas Finance Code as published by the Texas Legislative Council.

Official source
Legislative history

Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999.

This section refers to

§ 186.102